In the new year, 2023, we will see a lot of excitement in the IPO market. Around 89 companies are set to knock on the doors of Dalal Street this year.
According to Prime database data, these companies can raise Rs 1.4 lakh crore through their IPOs.
Significantly, in the Indian IPO market in 2021, 63 companies raised Rs 1.19 lakh crore through IPOs.
While in 2022 till November, 33 companies have raised Rs 55145.80 crore through IPO.
Here we are giving the list of companies that either got approval for IPO from SEBI, or their IPO application is pending with SEBI.
Nirav Karkera, head of Fisdom, says that this year many new-age technology companies got listed in the market at abnormal valuations.
There has been a massive decline in these during the listing. Whereas during the listing, investors were struck.
Market regulator SEBI is also worried about this. Keeping this in mind, it is trying to make the valuation process transparent and fair.
At the same time, some fund managers say that during the last few years, they have got alpha returns (strong returns) from the IPO market.
Anoop Bhaskar of IDFC MF said during Moneycontrol’s Mutual Fund Summit that the market has been flat over the past few years.
These days it is not easy to find HDFC Bank like in 2008. But the remarkable thing is that the IPO market has yielded alpha returns during the last few years.
However, some investors are hesitating to invest money in the IPO market after seeing the mishaps of several big IPOs last year.
Meanwhile, news has come that BoAt has postponed its IPO plan. Instead of an IPO, the company raised $60 million from a private investor.
Ola, which has come in profit, may bring its IPO next year. However, no final decision has been taken on this yet.
Similarly, Swiggy is preparing to file its application with SEBI in 2023 through IPO to raise $1 billion.
In 2023, hospitality startup OYO is also preparing to bring an IPO of Rs 8,430 crore.
For this, the company has applied to SEBI. Additionally, in 2023, an IPO of Rs 4,000 crore can come for Fabindia, a famous brand of stitched clothes.
Apart from this, 7,300 crore IPO of Aadhar Housing Finance, 750 crore IPO of Yatra Online, 5,500 crore IPO of Mankind Pharma and 1,600 crore IPO of Ixigo will be launched in 2023. is in the pipeline for
